header logo
Asia asset finance
Mogo Academy
Latest
CID seeks information from public over alleged misuse of President’s Fund
Apr 03, 202503:56 PM
CID seeks information from public over alleged misuse of President’s Fund

The general public has been requested to inform the Criminal Investigations Department (CID) in writing regarding individuals who were aggrieved while attempting to obtain funds from the President’s Fund between the years 2008 and 2024.

 

The public is requested to provide information to the Director of the CID.

 

Ongoing investigations of the CID into funds obtained from the President’s Fund have revealed names of 22 former Ministers and Members of Parliament as beneficiaries between 2008 and 2024.

 

Police investigations commenced following a complaint received regarding the matter recently.

 

Police said accordingly, the CID obtained an order from the Colombo Fort Magistrate’s Court on 2 April to retrieve the cheque details related to these transactions.

 

Based on the court order, a total of 22 documents have been obtained by the CID.

 

According to the documents, it has been revealed that public representatives have obtained more than Rs. 100 million from the fund during the period in question.

 

It is reported that former Prime Minister D.M. Jayaratne, former Ministers Keheliya Rambukwella, and T.B. Ekanayake area among those who have obtained funds in the premise of returning them to the President’s Fund on a later date, however, have failed to do so.

 

Officers have stated that the public representatives in question will be summoned to the CID to obtained statements.

 

 

 

 

MostRead
Mobitel Upahara
VideoStories
Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Govt. launches island wide dengue control programmes; public urged to stay vigilant

Govt. launches island wide dengue control programmes; public urged to stay vigilant

Farmers stage protests urging govt. to purchase paddy at a fair price

Farmers stage protests urging govt. to purchase paddy at a fair price

Sugeeshwara Bandara arrested over allegations of misappropriating state funds

Sugeeshwara Bandara arrested over allegations of misappropriating state funds

'No one can influence public appointments'  Govt denies officials appointed at Cardinal’s request

'No one can influence public appointments' Govt denies officials appointed at Cardinal’s request

Crucial data on Suresh Sallay’s devices may prove innocence, claims Udaya Gammanpila

Crucial data on Suresh Sallay’s devices may prove innocence, claims Udaya Gammanpila

Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Political debate intensifies over Suresh Sallay detention and CID conduct

Political debate intensifies over Suresh Sallay detention and CID conduct

Lassana Flora